Hardide plc Reports Strong Trading Update for FY2026

Hardide plc reported a strong trading update for the fiscal year ending 30 September 2026, with revenues more than doubling to £13.5 million from £6.0 million in the previous year. The company expects an EBITDA of £5.8 million and a profit before tax of £4.9 million, exceeding market expectations. Key factors for this growth included improved cost management and a significant US$1.9 million order from a major North American client. Additionally, Hardide's gross cash position rose to £3.2 million, facilitating a £1.5 million investment in working capital.